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At the begining everything looks wonderful, but they don't necessary run well, when do you stop, cut your losses and leave?
in my case the first thing is the safty to keep the projec talive their is awar around us
when you know for sure that the outcome(s) will not equal the investment made, or when you realise there are many things that are needed from an infrastructure and cultural point of view that could not be fixed in this project. Last one is the most common cause, when there is not enough funds and support to keep the project alive.
at each project gate, Project managers need to evaluate time and cost productivity. This keeps a close eye on project results and timely amendments in Project Plan.
It is not my dicision it is dicision of PMO
Calculate the simple equation of90 -10, if the remaining10% will eat up the90% profit and will add extra figures to expenses side breaking down the breakeven, wrap up your files it's time to go.
EHS non-compliance
My dear Sir pull the plug (When your project is no more suite the strategy of the organization ) this is the formula
When the actual performance deviates from the plan and the costs required to get back on track are not approved by the stakeholders (mainly management and/or customer).
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